Iron-bearing dust which stems from steelworks were pelletized and bonded with portland cement in order to attempt to use for blast iurnace burdens. The characterist~cs of cold bonded dust pellet were investigated. It was found that the compression strength of cold bonded pellet contaning portland cement of 10 wt.% reached above 150kg/p by proper curing treatment. Direcl contad of carbon with iron oxides seems to greately enhance a reduction reaction and herewxth increased chances to lorn pores at high temperature environment. Tumbler strength, RDI, and swelling of cold bonded pellet were similiar to and/or better than those of iron ore sinter and fired pellet.